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by Stockwatch Business Reporter

New York spot gold rose $1.30 Wednesday, closing at $2,494.10. The TSX Venture Exchange lost 2.68 points to 552.41 while the TSX gold index lost 3.86 points to 349.97. Most Canadian-listed gold miners moved little compared with Tuesday's big declines. Lundin Mining Corp. (LUN) closed unchanged at $12.23 on 5.75 million shares on a busy day, while New Gold Inc. (NGD) added five cents to $3.21 on 2.36 million shares. Artemis Gold Inc. (ARTG), on the other hand, lost 23 cents to $11.90 on 967,000 shares.

Yesterday, Roger Rosmus's Goliath Resources Ltd. (GOT) applauded word that its geologists have viewed gold in drill core from the Surebet area of its Golddigger project, in the Golden Triangle district of northwestern British Columbia. Today, the company said it hopes to soon eyeball another $10.11-million in cash in its treasury. The company is offering 3.73 million charity flow-through shares at $1.975 apiece, which would raise $7.37-million. The other $2.75-million will come from the sale of 1.91 million regular flow-through shares at $1.44 each.

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